Comments on: Bank of America Refinance Mortgage Rates – Lower Rates Ahead?

By: Jackie Sims

Jackie Sims — Mon, 16 Nov 2009 21:08:28 +0000

I know what yall are talking about. My oldest son has gone through a severe hardship and when we talked with BOA they said they could work it out to bring him current and lower his payment with him and he would have to terms by NOV 8. he even cleaned out his IRA to the tune of $10,000 and gave to them over this past year. On NOV 4th they sent notice of foreclosure to him. I guess the $$$$$$$$$$$ the federal government gave to them to help people stay in their homes was used for their Christmas party and bonuses. Like you he may be able to stay in his house through Christmas but be out by the NEW Year.
My mortgage is with Wells Fargo and they bent over backwards to help me in my crisis and lowered my payment. Bank of America isn’t a Bank of America it is a selfish, greedy money grabber.

By: deryll

deryll — Mon, 16 Nov 2009 15:11:09 +0000

this is a recurring problem with Bank of America. I have amortgage with BOFA who just brough it from a different company. I have try to modify this mortgage with no results. BofA says that i own 2 months in the rear. i was told that i would have to be current in my payments. before they would even look at my mortgage. So i am senting one months in at advance and asking if they can put the other at the end of the mortgage. this way on they books i will be even. and maybe i can modifiy my mortgage to a rate that i can live with without eating cat food.
Oh, WHAT WAS THAT GOVERNMENTS BAIL OUT. WAS THAT NOT TO HELP US KEPT OUR HOMES.

By: Cindy

Cindy — Mon, 16 Nov 2009 08:12:12 +0000

Unfortunately, I have a mortgage with Bank of America (originally with Countrywide) and I have been trying to get BOA to work with me on a modification since April 09 when I was laid off. They are not helping at all and even after I submitted all the documents requested (several times) they are threatening to start foreclosure. I have cut our budget down to necessities only (no home phone, no tv, etc) and they still tell me to cut more. Where? As of 11/6/09 during a conference call with BOA and HOPE for Homeowners counselor, they still will not offer any help at all. We are going to lose our home. Great for our 9 yr old son at Christmas, huh? Good luck to any others in our situation. Any suggestions or help would be appreciated.